2022
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
UNCTAD
|
|
|
World Bank
|
|
|
IMF
|
|
|
WTO
|
Detailed explanation-1: -The UNCTAD (United Nations Conference on Trade and Development) has released the Trade and Development Report 2022 with the theme ‘Development prospects in a fractured world.
Detailed explanation-2: -UNCTAD projects that world economic growth will slow to 2.5% in 2022 and drop to 2.2% in 2023. The global slowdown would leave real GDP still below its pre-pandemic trend, costing the world more than $17 trillion – close to 20% of the world’s income.
Detailed explanation-3: -Global trade should hit a record $32 trillion for 2022, but a slowdown that began in the second half of the year is expected to worsen in 2023 as geopolitical tensions and tight financial conditions persist, according to the latest Global Trade Update, published by UNCTAD on 13 December.
Detailed explanation-4: -UNCTAD produces a number of topical reports, including: The Trade and Development Report.
Detailed explanation-5: -The Least Developed Countries Report 2022, on the theme low-carbon transition and its troubling implications for structural transformation, provides an insight of many aspects of the world’s most impoverished countries.